Investment.

Wincanton.

Rochford Garden Machinerary , BA9 9RS

Map View

Status.

Sold on 01/05/2019

Price.

£4,200,000

Location.

Wincanton is a small town strategically located in the south west of England in south Somerset on the A303, one of the main roads connecting London and the south east with the south west. The town has a population of 5,272 whilst south Somerset has a population of 162,113.

Yeovil (14 miles, 23km), Taunton (37 miles, 60km), Exeter (61 miles, 98km) and Salisbury (36 miles, 58km) are within an hour’s drive whilst London is approximately two hour’s drive. The M4 (42 miles, 68km) and M5 (41 miles, 66km) motorways are both within an hour’s drive providing a further connection to the national motorway network.

Bristol Airport is located 34 miles (55km) to the north-west. Southampton Port, the busiest passenger terminal and second largest container port by tonnage in the UK, is located approximately 50 miles (80km) to the south-east. Meanwhile, Poole is located 40 miles (64km) to the south.

Description.

The subject property comprises three conjoined modern industrial units constructed of steel portal frame with brick faced concrete block elevations, box steel sheet roof and concrete floor.Warehouse 1 was built in 2002, Warehouse 2 in 2004 and Warehouse 3 in 2014.

The warehouse specification includes a minimum eaves height of approximately 7.5m (24.5 ft) as well as two level access loading door and two dock leveller loading doors access accessed via a separate service yard to the rear via Murray Way.The property benefits from extensive mezzanine areas in Warehouse 1 and 3 (not rentalised).The mezzanine level in Warehouse 1 is utilised as staff accommodation and offices, as well as a large warehouse space, serviced via a lift.

The mezzanine level in warehouse 3 is utilised soley as storage. Part of the ground floor in Warehouse 1 is occupied by a showroom and office space.The property also benefits from external car parking for approximately 50 vehicles. In addition, the whole site is enclosed by security fencing.

Rent.

£300,000.00 per annum exclusive

Tenant(s).

Rochford Garden Machinery

Tenure.

Freehold

Yield.

6.7% NIY

Share.

All viewings are strictly by prior appointment.

Patrick Over.

Associate Partner | Investment

Ed Smith.

Partner | Investment

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